Nitin Sethi And Dilasha Seth

Govt may raise service tax rate in Budget

Room for rise of up to 2 percentage points, move to help meet higher expenditure need in FY17

When a typo saved Climate Change summit from the brink of collapse

And the US won the evening

GST: Discount clause a worry for dealers

The GST bill's draft says tax would be levied on Maximum Retail Price

Tea, biscuits and some medicines may come under GST

Common items between Centre and states - bread, eggs, milk, vegetables, cereals, books and salt - will continue to be exempted.

Deflation might disturb Jaitley's fiscal math

Union Budget had projected the fiscal deficit at Rs 5.56 lakh crore.

Paris package gets green light from 196 nations

Climate meet: Developing nations put their foot down

The 54-page Paris agreement draft had been scaled down to 50.

US wants developing nations to also share climate finance costs

A proposal by the US and its allies asking developing countries to equally contribute towards global climate finance has irked developing countries at the Paris meet.

How effective will be PM's high-powered team in Paris meet?

The negotiations started on Sunday, a day ahead of schedule.

Climate meet: US confidential note to select countries sets the terms for talks

US wants differentiation between developed and developing countries scrapped

As Paris climate talks begin, 196 countries hope to resolve impasse

The new agreement, will be negotiated and once it is sealed it will also be judged

Norms to curb tax evasion by Indian multinationals soon

The norms will affect companies in pharma, energy, manufacturing, software sectors.

G20 meeting: India defended climate change red lines

Decisions at a G20 meet are not added to the UN climate negotiations.

How govt plans to curb domestic circulation of black money

The Central Board of Direct Taxes is set to rationalise I-T rules.

The irony of green levies by courts

The Supreme Court imposed a green tax on trucks destined for other states but wanting to take a shorter route through Delhi.

Green climate fund in doldrums as developing nations fail to show up

Lack of financial commitments from rich countries poses threat to Paris meet

NDA-ruled states face higher inflation

Andhra Pradesh posted 8.14% consumer inflation in October.

Realtors to cheer Diwali as housing sales may rise 15%

The festival season holds out hope for the real estate industry as demand from end users increases in many markets.

Money laundering scam turns out murkier than expected

The banks used for the fraud include ING Vysya Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, Dhanlaxmi Bank, YES Bank and DCB Bank.

Stringent law on anvil for services data

A Collection of Services Trade Statistics Act is being thought of.